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M O D E R N C O R P O R AT I O N S B E G I N T O R E P L A C E G O V E R N M E N T S
S TA R T I N G I N T H E 1 6 0 0 S
T H E W O R L D I S N O W O R G A N I Z E D B Y C O R P O R AT I O N S :
• Collect and manage capital
• Collect and manage infrastructure
• Distribute wages, payments
• Enter into to contracts, and hold liability
• Provide governance of
• Production
• Distribution
• Marketing
• Establish and maintain corporate identity
L A N D T I T L E C H A L L E N G E
• Title Record was digitized 12 years ago using an Oracle system. World Bank spent $100+ million.
• Corrupt officials changed records in the database.
• Factom allows you to build a truly tamper-proof record system and tracks every step to prevent garbage in.
T I T L E R E C O R D S Y S T E M
C AT C H I N G T H E B A D G U Y S
• Immutable Audit Trail means you can’t add records to the past.
• You can’t delete records.
• You can’t just bury records in a flood of data.
• Proof of Corruption!
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